Investment, Speculation or Cost - You Need to Know the DifferencesteemCreated with Sketch.

in #goal7 years ago (edited)

101. investment speculation or cost.jpg

I’ve been investing and speculating in the real estate and stock markets for longer than I’d like to admit. It seems like yesterday, when I did my first wholesale transaction in real estate and made $30,000 profit in just a few months.

Even more though, I’ve speculated in the stock market with “Small Cap,” penny stocks and have had returns in some cases in excess of 10,000%.

I know it sounds crazy, but it’s completely true.

Having this experience gives me a bit of a unique perspective when evaluating whether something is an investment, speculation or cost when it comes to building a business.

Let me explain…

Like in the stock market, when investing in your business, you do so expecting a return. You may even know exactly what that return is going to be.

Let’s say you’re selling widgets and have been doing so for two years. You know that your profit margin is 40% and after expenses you have a profit margin of 15%. So when you invest in more widgets and bring them to market, you know in advance what your returns are going to be. Assuming of course, that the market hasn’t substantially changed.

When I’m speculating in stocks, my goal is always a ten-fold return. I don’t always achieve that of course and sometimes it’s even more as I’ve mentioned above.

I’ve been speculating and evaluating companies for so long, I can tell up front what my risks are and I’ll make a purchase with all the risks in mind, knowing it’s a speculation, not an investment.

In your business, you may decide to add a new widget to your virtual or brick and mortar store front, speculating that your clientele will want what you have to offer.

Hopefully you have some research or proof that this new widget is salable and people will move it off of your shelves quickly.

This is the type of knowledgeable speculation that could add substantially to your bottom-line profit. If you’re right, maybe it’s something that could change the future of your company.

Then there are “costs.”

These are items in our life and business that are necessities but may not provide us with a direct, quantifiable benefit.

In my business, I include things like my printer, the extra computer screens I have and other items that make my life easier or I just can’t go without. But, I also can’t put a number on what the returns are for having them easily available to me.

Here’s why I’m bringing this up…

I’ve got something for you, which you need to decide whether it’s an investment, speculation or cost?

I’ll give you a hint, it’s NOT a cost.

I say this because if you are going to build a business online you need some training. And, I’d suggest to cut your learning curve, a live coach as well.

What I’m going to show you could be considered an investment because it will undoubtedly give you returns on your investment, but they may not be quantifiable to be strictly considered an investment.

It could also be a speculation, because the information could also be a “game-changer” in your life and business.
It could be your ticket to creating six and seven figure incomes online.

I can say this…

If you follow through with this 21-step training, which does include a live coach, you will have usable knowledge you would otherwise not have had.

All it takes is for you to step-up and make the investment or speculation of $49 – OH – And, there’s a 30-day money back guarantee!

Your returns could be even greater over time than the 10,000% I mentioned above.

Invest or speculate here: www.donttrydoit.com

Also, you’ll see that I’ve attached my new report for you: The WIFI Lifestyle.

I’ve done that because if you’ve ever felt that you would like to live life in a way that allows you to do what you want, when you want, from where you want, with whom you want, without monetary constraints, you’ll want to read my report.

Simply download the attachment.

And be sure to jump on over and get started on the 21-step training. It’s the investment you need that could change your life forever! www.donttrydoit.com

Please upvote, follow and resteem.

I upvote all comments and replies on all of my posts to help my fellow Steemians earn Steemit rewards and gain more voting power. Consider doing the same to help other Steemians.

Sort:  

Great & Informative Article, Keep it up.

index.png

Great post bro, keep it up.

That is another great article. :-)

By reed this post I have learned something new. Thank you.

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://tonyneumeyer.com/investment-speculation-or-cost-you-need-to-know/

really you are robot?

i want to be connected with you because your post make me so energatic.
thanks again. @bigsilver

i try to read all your posts because you write a lot of beautiful posts

i read your every post.... your post is very nice....